Donny and his DC Gang of Idiots are known to be as corrupt as they come….sadly we cannot eliminate the Dems from that assertion either…..and now Donny’s SEC (not the football conference) is trying to make it even easier.

The Trump administration is moving to strip a rule barring private equity officials from engaging in “pay-to-play” schemes with government officials.

The Securities and Exchange Commission is planning to revoke Rule 206(4)-5 under the Investment Advisers Act, arguing that it chills employees’ political speech. The regulation, known as the “Pay-to-Play” Rule, bars investment advisers from getting paid to advise government clients for two years after making a political contribution to certain officials and candidates.

In the 16 years since the rule was implemented, it has only resulted in a handful of penalties. The proposed change comes after private equity spending increased in 2024, and flipped toward Republicans.

SEC Commissioner Mark T. Uyeda released a statement last week arguing that the “blanket ban” had functionally undermined advisers’ constitutional rights. “Many investment advisers found it easier to simply prohibit all political contributions by their employees, thereby chilling speech and conduct otherwise protected by the First Amendment,” Uyeda said.

But the rule was intentionally written to be broad in order to address the difficulties state and local prosecutors had in proving quid pro quo deals, Axios reported Tuesday.

SEC Chairman Paul Atkins also released a statement last week supporting the proposal, claiming that the rule “discourages full participation in the electoral process through contributions to candidates.

“People should not have to choose between their political-speech rights and a job in a particular industry,” he said.

If approved, the change will unleash a flood of bribes to public officials, and even invite private equity to pay tithes to President Trump himself.

(newrepublic.com)

Oh great….just what we need to make it even easier from politicians to line their pockets while fucking up the system completely.

I guess the old saying is wildly correct….”The US, the best government money can buy”.

At what point does anyone tackle this corruption?

I do not see the Dems coming even close to a solution for they are just as addicted to corruption as the GOP.

Will we hear anything about corruption in the next general election?

My thought is….probably not.

You thoughts?

I Read, I Write, You Know

“lego ergo scribo”